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Private Health Insurance (Prudential Supervision) Act 2015

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
ADI

is short for authorised deposittaking institution.

Banking Act 1959 Banking Act 1959 - 5 Interpretation
application provision

: see subsection 65(2).

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 65 Application of provisions of Corporations Act
Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
applied Corporations Act provision

: see subsection 65(3).

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 65 Application of provisions of Corporations Act
Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
appointed actuary

of a private health insurer means the person appointed as the actuary of the insurer in accordance with Division 2 of Part 5.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
approved form

: see section 172.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
Private Health Insurance (Prudential Supervision) Act 2015 - 172 Approved forms, and giving documents not required to be in approved forms
APRA

means the Australian Prudential Regulation Authority.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
APRA rules

: see subsection 174(1).

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
Private Health Insurance (Prudential Supervision) Act 2015 - 174 APRA rules
APRA staff member

means any of the following:

(a) a person appointed by APRA under section 45; or

(b) a person assisting APRA under section 46; or

(c) a person engaged by APRA under section 47.

Australian Prudential Regulation Authority Act 1998 Australian Prudential Regulation Authority Act 1998 - 3 Definitions
Australian Prudential Regulation Authority Act 1998 - 45 Appointment of permanent, temporary and casual staff
Australian Prudential Regulation Authority Act 1998 - 47 Consultants and other people engaged to perform services
assets

of a health benefits fund: see section 26.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
Private Health Insurance (Prudential Supervision) Act 2015 - 26 Assets of health benefits funds
chief executive officer

of a private health insurer means the person who is primarily and directly responsible to the directors of the insurer for the general and overall management of the insurer.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
civil penalty order

: see subsection 156(2).

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 156 Civil penalty order
Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
constitutional corporation

means a corporation to which paragraph 51(xx) of the Constitution applies.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
cover

, in relation to an insurance policy, has

the same meaning as in the

Private Health Insurance Act 2007

.

Private Health Insurance (Prudential Supervision) Act 2015
declaration of contravention

means a declaration under subsection 155(1).

Private Health Insurance (Prudential Supervision) Act 2015
director

of a company or other body means:

(a)  a person who:

(i)  is appointed to the position of a director; or

(ii)  is appointed to the position of an alternate director and is acting in that capacity;

Corporations Act 2001 Corporations Act 2001 - 9 Returns to shareholders
Corporations Act 2001 - 9 Returns to shareholders
disqualified person

: see sections 119 and 121.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
Private Health Insurance (Prudential Supervision) Act 2015 - 119 Who is a disqualified person ?
enforceable obligation

means any of the following:

(a) a provision of this Act;

(b) a direction given under this Act;

(c) a provision of the risk equalisation levy legislation;

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 15 Deciding the application
Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
external administration

means administration or control (however described) by an external administrator.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation
external administrator

of a company: see section 520.

Corporations Act 2001 Corporations Act 2001 - 520 Past member: later debts
Corporations Act 2001 - 520 Past member: later debts
external management

means management, by an external manager, under Divisions 6 and 8 of Part 3.

Private Health Insurance (Prudential Supervision) Act 2015 Private Health Insurance (Prudential Supervision) Act 2015 - 4 Interpretation

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